I have backtested those 2 EAs with 10 years data (several pairs from forextester.com) & here some of my result...
Use attached script to create Renko Chart on TF M5 & test it...
you dont get these results on forward tests.
Incorrect trades in Strategy tester
There are incorrect trades in Strategy Tester on the offline renko chart based on the script RenkoLiveChart_v1.7
Sometimes the trades are done form open point instead of close one. And it causes wrong testing results.
Tell me please, how to solve that problem.
Here is the example of such a trade in Strategy Tester:
Guys dont flatter yourselves. The results you get from backtesting are totally different from the results you get with forward testing. I'm sorry but you will be dissapointed.
we all knew that
stock winning, need accountant level
forex winning, does not need scalping bubbling-air guessing work
So, how to test correctly?
Who can help?
backtesting is ok.
a system that cant earn money in a backtest: forget it!
a system that ears money in a backtest: do some (realtime)forward testing.
many eas cant earn money on a forward test. history repeats itself, but not down to the tick.
and 2 renko special:
-just because you dont see gaps dont think there are non.
-the swings around news look good, but are you fast enough to trade them?
You cannot... only test on demo acct and you will see that the pure candle ea is no good
the renko indicator posted before was really nice. So i thought of testing it to trade. The only thing I see that if we can put alarm when it changes box, than it is way better as renko doesnt use time, so it makes it a bit tiresome to wait for the box to change color.
hope there is a kind soul here who understands the predicament of waiting in front of the laptop to trade...
This indicator is a long time in this thread.
owh, so this indicator is meant for renko new candle? not candlestick?
I had one with the same name, so I thought it was for candlestick...
thanx bro for this... and sorry for wasting anyone's time with my request...